trending Market Intelligence /marketintelligence/en/news-insights/trending/t688nmzxcu1_uaNES3GMNw2 content esgSubNav
In This List

ReWalk Robotics to fund light-weight exoskeleton R&D through public offering

Video

According to Market Intelligence, December 2022

Blog

Insight Weekly: Layoffs swell; energy efficiency PE deals defy downturn; 2023 global risk themes

Blog

Insight Weekly: Energy crisis cripples Europe; i-bank incomes rise; US holiday sales outlook

Blog

Japan M&A By the Numbers: Q3 2022


ReWalk Robotics to fund light-weight exoskeleton R&D through public offering

ReWalk Robotics Ltd. said it is planning an underwritten public offering.

ReWalk will give the underwriters a 30-day option to purchase up to an additional 15% of the ordinary shares sold in the offering on the same terms and conditions.

The company plans to use the proceeds from the offering on the research and development cost of its lightweight "soft suit" exoskeleton technology for various lower limb disabilities and for other sales and marketing expenses related to development activities.